It's increasingly apparent that the price spikes that occur at blow-off tops and bottoms are exacerbated by brokerage firms force liquidating their clients as a means of risk management.
have always had open doors to the world to come here. but there was always, even back in the 1900s with my family on both sides, there was what can you do for us? you re not dropping here without this america dream, how are you going to make it happen? we also had an expansive welfare state that didn t exist neil: i don t want to immigration with a brain is a good thing. immigration with a heart is not terrible as well. in between is where we belong. neil: you want them to be big brokerage clients down the road. yes. i m out of that business but neil: always works for you. again, sorry to go on so long. these guys did it better than i. in this is a big issue that we have to get right here. it s been called a racist onslaught here where the statue of liberty is picking and
forcing the company to address accusations that its underwriters withheld important information from investors just days before the launch. cnbc s geoff cutmore joins us live from london for much more. one week in. what happened? what a disaster, quite frankly. and it s been a week of soul searching, not least for facebook, morgan stanley has also had to answer a number of questions about what it what its analysts were doing and how the facebook pricing took place. was it the right price to take it to the market? were they too greedy? of course, the nasdaq. the role of the nasdaq omx in getting this away and why weren t orders successfully completed. fidelity now saying they have thousands of brokerage clients potentially who are unhappy about the way claims were fulfilled. and a number of companies that were key in this story suggesting that there s potentially hundreds or $100